Santa Monica and Pacific Palisades local REAL ESTATE activity

ELEMENT LOFTS ON AUCTIONPlease contact me, Thomas Ray, if you are interested in the Auction. I will need to Register you at the Element Lofts so you have an Agent representing you.Thomas Ray,M.S.,RealtorCell:310-420-1149Search The MLS like an Agent on my Site:www.LAexclusiveProperty.comMy Blog: w...

·        Tax credit: Ten percent of the purchase price of a primary residence, up to a maximum of $8,000 for first-time homebuyers and $6,500 for repeat buyers who purchase between December 1, 2009 and May 1, 2010. First-time homebuyers are defined as people who have not owned a home in the previ...

"The bear market continues; HOME PRICES are back to their March 2004 levels," (Is this the Bottom????)...says David M. Blitzer, chairman of the Index Committee at Standard & Poor's. "Both composite indices and 14 of the 20 metro areas are reporting new record rates of decline. As of October 2008,...

Here are some of the advantages that investing in Multi-units Buildings has over Single Families. Cash flow on a multi-family is always greater than that of a single family. Simply because you have more rents coming in. The more units you have under one roof, the less risk you have. If you have a...

Dr. Sam Chandan (formerly Chief Economist with REIS) speaks on the status of the Multi-Family Apartment market. I normally do not post links on my Blog, but Dr. Sam has his finger on the pulse and speaks on why now is the time to Buy!Here is the LinkPlease contact me for all your Investment needs...

(Please contact me to discuss your long term Passive Income Strategy that includes the purchase of Multi-Family Property. My Team at Keller Williams will show you the benefits in this down market.)The Apartment Rental Market continues to benefit from weak home sales!"...multifamily is the bright ...

I am very excited to be at Keller Williams Realty in Marina del Rey.Please go here to see why I chose Keller Williams.Thomas Ray,M.S.,RealtorOffice:310.862.1786,Cell:310.420.1149 Announcements, Thomas Ray has moved to Keller Williams www.LAexclusiveProperty.com

This week, look for the Fed to cut the Fed Funds rate (the rate for overnight loans between banks) by a half point, to 0.50 percent. While a cut by the Fed often causes home loan rates to rise (because a Fed cut can lead to inflation, which is the arch enemy of Bonds and home loan rates), the def...

Income tax, sales tax, estate tax, excise tax, alternative minimum tax...and just when you thought you'd paid them all...along comes your property tax bill as a homeowner. But did you know that the National Taxpayers Union estimates that as many as 60% of homes are assessed for too high of a val...

I am now featuring REO Pre-Listings on my site. If you or your Buyers are not familiar with a Pre-Listing, you are not alone. A Pre-Listing is an REO that may not be vacant so it is not on the market. However, the Bank will accept offers on these allowing your Buyers to beat the rush to buy REO h...